Articles

  • 4 days ago | smsmagazine.com.au | Penny Pryor |Jason Spits

    The Australian Securities and Investments Commission (ASIC) has issued updated guidance for Australian financial services (AFS) licensees following an increase in reports of stolen shares due to identity theft. The new guidance, Information Sheet 237 Protecting against share sale fraud (INFO 237), outlines better practices for licensee prevention and detection of share sale fraud.

  • 5 days ago | smsmagazine.com.au | Penny Pryor |Jason Spits

    The proposed Division 296 tax will disproportionately hit the SMSF sector at a time when auditors are assessing the investment choices made by trustees and they should be looking at technology that will save them time, according to a portfolio tracking service.

  • 1 week ago | smsmagazine.com.au | Penny Pryor |Jason Spits

    The program of this year’s SMSF Association Technical Summit, to be held in Sydney on 6 to 7 August, is designed to give practitioners practical insights into the many ethical dilemmas, compliance pitfalls and behavioural challenges currently facing the sector. “In today’s environment, where one misstep can lead to litigation or loss of professional standing, SMSF professionals are facing unprecedented scrutiny from clients, regulators and peers,” association chief executive Peter Burgess said.

  • 1 week ago | smsmagazine.com.au | Penny Pryor |Jason Spits

    The legacy of highly regarded financial services publisher and journalist Greg Bright has been recognised with a new scholarship established in his name by the representative body for superannuation fund executives, which he co-founded.

  • 1 week ago | smsmagazine.com.au | Penny Pryor |Jason Spits

    The SMSF Association strongly supports the Australian Financial Complaints Authority’s (AFCA) proposal to publicise the failure of financial firms to comply with AFCA determinations. “It’s something that we think is important.

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